NASDAQ:PRPOPrecipio Stock Price, Forecast & News

Precipio's stock was trading at $1.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PRPO shares have increased by 182.1% and is now trading at $3.30.
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1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precipio in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Precipio.

Precipio is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020.
View our earnings forecast for Precipio.

Precipio (NASDAQ:PRPO) announced its earnings results on Thursday, August, 23rd. The biotechnology company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.93 by $2.08. The biotechnology company earned $0.82 million during the quarter. Precipio had a negative net margin of 407.60% and a negative return on equity of 109.58%.
View Precipio's earnings history.

Precipio's stock reverse split on the morning of Tuesday, June 6th 2017. The 1-30 reverse split was announced on Thursday, May 25th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Monday, June 5th 2017. An investor that had 100 shares of Precipio stock prior to the reverse split would have 3 shares after the split.

1 brokerages have issued 12-month price targets for Precipio's shares. Their forecasts range from $2.00 to $2.00. On average, they anticipate Precipio's share price to reach $2.00 in the next year. This suggests that the stock has a possible downside of 39.4%.
View analysts' price targets for Precipio.

Media headlines about PRPO stock have trended extremely negative on Thursday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Precipio earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned news headlines about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.
View the latest news about Precipio.

Some companies that are related to Precipio include Harvard Bioscience (HBIO), Eyepoint Pharmaceuticals (EYPT), BioNano Genomics (BNGO), HTG Molecular Diagnostics (HTGM), Aethlon Medical (AEMD), Scientific Industries (SCND), Pressure Biosciences (PBIO), Arrayit (ARYC) and PositiveID (PSID).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Precipio investors own include Portola Pharmaceuticals (PTLA), Biocept (BIOC), Jaguar Health (JAGX), Heat Biologics (HTBX), Inpixon (INPX), MannKind (MNKD), Ibio (IBIO), Tonix Pharmaceuticals (TNXP), VBI Vaccines (VBIV) and Achieve Life Sciences (ACHV).

Precipio trades on the NASDAQ under the ticker symbol "PRPO."

Shares of PRPO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PRPO stock can currently be purchased for approximately $3.30.

Precipio has a market capitalization of $48.24 million and generates $3.13 million in revenue each year. Precipio employs 42 workers across the globe.

The official website for Precipio is www.precipiodx.com.

Precipio's mailing address is 4 Science Park, New Haven CT, 06511. The biotechnology company can be reached via phone at 203-787-7888 or via email at [email protected]